Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more
Vietnamese Province Green-Lights $35 Million Solar Energy Plant Updated On Thu, May 18th, 2017 by Saurenergy The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […] Read more
8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline Updated On Wed, May 17th, 2017 by Saurenergy 8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […] Read more
India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
PM Modi reviews progress of key infrastructure sectors including renewable energy, petroleum, natural gas, power and housing Updated On Tue, May 9th, 2017 by Saurenergy “Remarkable progress has been made in several sectors, including generation of renewable energy, affordable and rural housing, LED bulbs etc.” Prime Minister Narendra Modi on Tuesday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors […] Read more
Dominion to Acquire Large-Scale Solar Energy Facility under Construction in North Carolina Updated On Fri, May 5th, 2017 by Saurenergy Dominion is planning to expand its solar energy portfolio in North Carolina, and the Company expects to close on Anson County project upon completion in second-quarter 2017. Dominion has announced that it plans to purchase a 79 MW solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables. A power purchase agreement […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more
